What Are the Six Stages of Multinationalization? What Activities Does

question 60

Essay

What are the six stages of multinationalization? What activities does a company perform at each stage?

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Definitions:

Domestic Output

The sum of all products and services generated inside a nation's boundaries.

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, in a new location.

Labor

Human effort used in production which can also include physical and mental effort.

Brain Drain

The emigration of highly trained or intelligent people from a particular country, often due to lack of opportunities or political instability.